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Economy

J. Mills Jones, CBL’s bank governor, said that a mechanism has been put in place to provide liquidity support to the banking system, in case the need arises, considering the CBL’s role as Lender-of-Last Resort. (Image source: Central Bank of Liberia)

The Central Bank of Liberia (CBL) has unveiled stimulus measures aimed at helping various sectors recover from the impact of Ebola epidemic that affected the West African country for nearly nine months in 2014

The telecommunications sector in Africa has been receiving several investments from the GCC nations. (Image source: Ken Banks/Flickr)

A report by the Economist Intelligence Unit (EIU), in conjunction with Falcon and Associates, has revealed that GCC nations are turning towards eastern, western and southern African nations to enhance trade volumes

The grant would be used to provide thermal sensors, medical equipment and establish specialised treatment centres. (Image source: European Commission DG ECHO/Flickr)

HH Abdullah bin Abdulaziz al-Saud, King of Saudi Arabia has extended a grant of US$35mn to help fight Ebola in West Africa

South Africa is considered to have the most sophisticated and advanced infrastructure in Africa, according to the PwC report. (Image source: Erik Turner/Flickr)

Expenditure on infrastructure in Africa is set to reach US$180bn per annum in 2025, according to a report by professional services firm Pricewaterhouse Coopers (PwC)

There is currently no known cure or vaccine available to protect against Ebola. (Image source: SkyVision)

UK-based telecom service provider SkyVision has made a donation to Guinea’s National Commission to fight Ebola

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